EAM system

The goal of the EAM system is to help the management of the enterprise in finding the optimal ratio between the costs of changing and repairing production funds

EAM Methodology

The EAM methodology makes it possible, through the use of information technologies, without resorting to purchasing new equipment, to increase the production capacity of the enterprise. EAM systems allow you to consistently manage processes such as:

• MR - maintenance and repair;
• P&ID - Procurement;
• M&R - Warehouse Inventory Management (spare parts for)
• in the field of MR and MTS - financial, personnel and document management.

EAM systems appeared from CMMS systems (repair management systems). Now EAM modules are components of large management software packages, such as ERP systems (IFS Applications, Oracle E-Business Suite, Galaktika ERP, etc.).

Each EAM object of any level is assigned a passport card that takes into account dozens of administrative, technical and economic parameters of the equipment. Each such equipment passport card may have communication with the corporate DBMS for data transmission.

Tasks and Functions

In fact, the task of the EAM system is to help the management of the enterprise in finding the optimal ratio between the cost of changing and repairing production assets - and the losses that may arise due to an unscheduled shutdown of production. At the same time, EAM systems are designed to solve four main management tasks:

• Financial Management;
• Materials management - suitable modules are usually combined with procurement management systems, make it possible to automatically register the receipt of components and parts to the warehouse, control delivery orders;
• Human Resources Management (HRMS);
• Asset management - complete asset description, preventive maintenance, service request management, scheduling, and cost estimates.

The functions of the EAM system are:

• Development of integral base of equipment and regulatory reference information on its maintenance;
• Preparation of a plan of measures for maintenance and repair of equipment (maintenance);
• Organization of the application company;
• Monitoring of equipment maintenance and repair processes;
• Control of real costs in the context of objects and measures;
• Fixation of the main technological approaches in the operation of equipment (failures, downtime);
• Working out the required maintenance activities based on PCS data;
• Ensuring the transfer of the necessary information to ERP;
• Assessment of maintenance information and organization of corporate reporting.

EAM systems are one of the components of complex corporate information systems and make it possible to:

• reduce production costs and the cost of ownership of the main production funds;
• increase their payback;
• increase efficiency of repair planning;
• guarantee efficiency and safety of production.

The growing number of companies and organizations in the Russian oil and gas industry that are interested in developing maintenance management systems based on modern information technologies is explained by the fact that the share of maintenance operating costs in the total structure of production costs can reach 25-30%. Therefore, even a relatively small percentage reduction in costs can significantly improve the overall performance of the enterprise. The usual, almost typical, set of maintenance tasks includes: operational production accounting of the availability of equipment in places of both operation and repair or temporary storage; collection, processing and storage of information on the technical condition of the equipment obtained both by means of instrumental diagnostics and as a result of visual observations of the equipment operation; registration of all events related to violations or deviations from normal modes of equipment operation, planning and organization of repair and restoration measures to eliminate violations, failures or accidents; planning of measures aimed at prevention of equipment failures (planned preventive maintenance); operational management of maintenance processes performed by both external service organizations and their own repair departments; Annual maintenance planning and assessment of resource requirements for maintenance and maintenance needs.

MRO management

The timing of the working time of the mechanic of the repair service (example)

Manage Expectations and Non-Working Moves - 38% of available time. Intra-shift planning, operational monitoring and reallocation of work and resources

Control of movements and negotiations - 28% of available time

Work execution (tool time) - 34% of available time

Maintenance - 14% of available time Reliability management. Rounds and inspections, inspections

Calls - 19% of available time Management of operational and repair documentation: electronic catalog

Advantages of EAM systems

Among the positive aspects of EAM are:

• Reduction of labour intensity of main funds management processes;
• Increase of equipment readiness indicator, increase of its service life;
• Provision of joint planning of equipment repairs and reduction of their time;
• Increase the productivity of the repair personnel;
• Reduce inventory and optimize the cost of the bid company,
• Ability to assess costs and efficiency of equipment operability assurance units.
• A management methodology that can increase the production capacity of an enterprise using only IT, without purchasing new equipment.

Thus, the use of EAM systems can reduce idle time, reduce the cost of equipment maintenance, and the operation of basic means becomes most efficient.

Main requirements for the EAM system

• Detailed representation of assets based on the hierarchical model of equipment, execution of a detailed long-term schedule of equipment service, creation of a list of parts that are required for planned and unscheduled production repairs;
• Management of personnel, by means of which it is possible to assign personnel for maintenance works according to their qualification;
• Development of equipment performance and quality statistics;
• Electronic monitoring of main equipment;
• Purchase of necessary components;
• Implementation of the Preventive, predictive maintenance policy and the reliability-centered maintenance policy; RCM
• Control and write-off of serial numbers of individual equipment;
• on-call and on-site equipment maintenance, preparation of work orders;
• Assessment of financial condition based on full control of equipment maintenance costs;
• Installation and management of the construction project;
• Maintenance subject to warranty;
• Separate control of main and current types of assets.

Catalog of EAM systems, developers, integrators and projects

You can get acquainted with the EAM solutions that were implemented at Russian enterprises in the article IS MRO (Russian market). And also in this EAM directory.

Market estimates

2023: Sales of IT systems for managing corporate assets reached $5.4 billion for the year

At the end of 2023, the volume of the global IT systems market for managing corporate assets amounted to $5.4 billion. At the same time, North America provided the largest share of income - more than 30%. This is stated in the BCC Research review, published at the end of 2023.

Demand for asset management is growing for several reasons. These tools help organizations maximize the value of physical assets, reduce costs, increase productivity, and improve safety and reduce environmental impacts. Developers of IT systems for managing corporate assets integrate functions based on artificial intelligence into their products, which opens up additional opportunities. In particular, AI allows you to analyze assets at every stage of the life cycle. In addition, AI provides real-time information and estimates of future operations, helping businesses improve operational efficiency.

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Фото: Freepik

Analysts are talking about the increasing popularity of cloud solutions. There are several reasons for migrating to these systems, including security, cost-effectiveness, convenience, ease of deployment, and availability. Moreover, the cost of implementing cloud systems is lower compared to traditional products.

The direction of asset management solutions with support is developing. IoT Such systems offer many benefits to enterprises, including improved asset lifecycle, improved hardware utilization, reduced errors, predictive maintenance, parameter tracking, and improved security. Many companies are developing intelligent IoT-enabled solutions for their customers.

Among the leading suppliers of products for managing corporate assets, analysts name the following companies:

· IBM;

· SAP;

· Oracle;

· Infor;

· IFS;

· ABB;

· CGI;

· Rfgen Software;

· Assetworks;

· Ultimo Software Solutions;

· UpKeep;

· Asset Panda;

· EZOfficeInventory;

· Intelligent Process Solutions;

· Maintenance Connection;

· Aveva;

· Aptean;

· Emanit;

· EZMaintain.com;

· Pazo;

· Asset Infinity;

· KloudGin;

· Fracttal;

· InnoMaint Software;

· Aladinme;

· Limble;

· Redlist;

· TrackX;

· Cheqroom;

· The Asset Guardian;

· GoCodes.

If we consider the market by industry, then in 2023 the production sector accounted for $1.06 billion of the total cost in the field of IT systems for managing corporate assets. Expenses of the energy sector and utilities are estimated at $845 million, transport enterprises - at $708 million. The oil and gas industry has contributed approximately $496 million. Another $453 million fell on the public sector and defense enterprises, $378 million - on healthcare, $282 million - on IT and telecommunications.

In the segment of large enterprises, at the end of 2023, the cost of IT systems for managing corporate assets amounted to approximately $2.7 billion. Small and medium-sized companies spent about $1.9 on their respective products. It is said that the introduction of the latest technologies in asset management systems helps organizations carry out a radical transformation, as well as improve operational processes.

BCC Research analysts predict that the CAGR (compound percentage CAGR) in the global IT system market for managing corporate assets from 2023 to 2028 will be 13%. Thus, by the end of the period under review, the volume of the industry will reach $10 billion. Demand for cloud solutions is expected to show the highest growth.^[1]

Links

• ISB - Enterprise Asset Management (EAM)
• Library of EAM systems Publications
• EAM - Wikipedia

Notes